We are Farmers!

We are... more than just your favorite commercials. We are a passionate, award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn't just our business - it's our culture! We are Farmers!

Do you thrive in a high-volume, fast-paced environment? Do you enjoy the challenge of a position where no two days are alike? We are looking for positive, high-energy professionals who are not just looking for a job, but a meaningful career!

At Farmers, our ambition is to be the leader in delivering peace of mind, innovating for customers whenever and wherever they need us. That means having people like you who can help us evolve to meet changing customer and business needs. Continuous development is critical to our success at Farmers; that means being curious, continually innovating, being open to new opportunities and embracing change. As the needs of our business and customers change, and you acquire needed experience, you may have opportunities to use your knowledge and skills in a different role. As you take on these new challenges, Farmers is committed to providing you with the necessary training and support along your career journey.

Workplace: Hybrid ( #LI-Hybrid ), or Remote ( #LI-Remote ) depending on candidate location.

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

About the role...

Analyzes and recommends revisions in rates and rating plans for assigned lines of insurance; performs actuarial analysis and research concerning present and proposed rating plans, proposed or recently enacted legislation and the pricing of new products.

What you'll accomplish...

• Supervises assigned personnel.
• Analyzes and recommends revisions in rates and rating plans for assigned lines of insurance.
• Performs actuarial analysis and research concerning present and proposed rating plans, proposed or recently enacted legislation affecting the actuarial function, and the pricing of new products.
• Performs actuarial analysis required to support rate filings with regulatory authorities.
• Represents Actuarial Department through participation in inter-departmental meetings, as well as discussions with other departments and stakeholders.
• Assists in the training and development of professional actuarial personnel as assigned.
• Performs special actuarial assignments requiring professional expertise.
• Performs actuarial analysis of loss and loss adjustment expense reserves; and performs and analyzes the testing of alternative methodologies needed to reflect changes in operational procedures, legislation and current claims cost trends.
• Performs other functions as assigned.

Education needed...

Fellow of the Casualty Actuarial Society (FCAS).

Experience needed...

Five years Actuarial experience, including one year as a Pricing Actuary within the Workers' Compensation space.

Special skills needed...

• Strong written and verbal communication skills.
• Goal oriented team player with a positive attitude.
• Excellent time management skills.
• Strong relationship building with multiple stakeholders.

Benefits

• Farmers offers a competitive salary commensurate with experience, qualifications and location.
  o CA Only: $114,080 - $165,400
  o CO Only: $107,200 - $142,600
  o NY Only: $107,200 - $165,400
  o Albany County: $114,080 - $142,600
  o WA Only: $114,080 - $190,750
• Bonus Opportunity (based on Company and Individual Performance)
• 401(k)
• Medical
• Dental
• Vision
• Health Savings and Flexible Spending Accounts
• Life Insurance
• Paid Time Off
• Paid Parental Leave
• Tuition Assistance
• For more information, review "What we offer" on https://www.farmers.com/careers/corporate/#offer

Job Location(s): R_US - United States

Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.